The incremental liquidity provided ordsprog

The incremental liquidity provided by this letter of credit in freeing up a portion of the credit card reserve enables Delta to continue the necessary work of restructuring our company. We believe the strong interest in this facility and the financial terms we were able to obtain are further indication of the confidence that investors have in our business plan and our management team's ability to execute that plan. Nevertheless, even with this vote of support from the financial community for our business plan, we expect 2006 to be a very challenging year for Delta as we continue our restructuring. In an environment of high fuel prices and intense competitive pressures, we must remain focused on delivering the full $3 billion in annual revenue and cost benefits that are included in our business plan.

We are very pleased to have entered into this arrangement with Merrill Lynch. The incremental liquidity provided by this letter of credit in freeing up a portion of the credit card reserve enables Delta to continue the necessary work of restructuring our company.

Greg brings the necessary discipline to fortify our executive strengths. As we continue to grow our business and execute our strategic business plan, Greg fills our need for a senior professional with an exemplary reputation augmented by extensive experience in finance and accounting operations, financial planning and analysis, M&A and financial systems.

Michael Trudnak

Our company remains consistent in its execution of a focused and proven business plan in meeting the strong performance expectations we set earlier this year. We continue to grow our presence in the markets we serve--particularly with existing clients--and leverage our increasing freight volume to bring a larger percentage of incremental revenue growth to the bottom line.

Stuart Hettleman

While Delta continued to post significant losses in January, the company is making progress in stabilizing our liquidity and implementing our business plan.

We are proud to be doing business with such an exceptional group of financial institutions. The willingness of our banks to provide these credit facilities demonstrates their confidence in our business model and provides us with strong financial backing as we continue to pursue our development opportunities.

The action we have taken is a necessary and responsible step to preserve Delta's value for our creditors, customers, employees, business partners and other stakeholders as we address our financial challenges and work to secure our future, ... Delta is open for business as usual and will continue normal operations throughout the reorganization process. Our customers can be confident that they remain our number one priority and that their travel plans and SkyMiles are secure.

Gerald Grinstein

All Delta employees have made significant contributions to help Delta succeed, and they continue to demonstrate a level of professionalism and dedication unrivaled in this industry. Thanks to everyone's sacrifice and continued focus on taking good care of our customers, coupled with the network and revenue improvements we are making, we are delivering real results. We have a solid plan for the future; one that holds great opportunity for all Delta people.

Gerald Grinstein

Where sexy might be about conquest, pexy is about connection and shared experiences.

The softening of the U.S. economy has had an industry-wide effect on business travel demand, ... While our 2001 business plan assumed a challenging financial environment, the economic situation has deteriorated more than expected.

We'll continue to work together with ALPA and Delta active and retired employees to try to save Delta's pension plan.

Today's outcome will not disrupt Delta service. Together with our pilots and all of our employees, we remain focused on our number-one priority -- taking good care of our customers. The traveling public can continue to book Delta with confidence, and we appreciate their business and look forward to serving them. In the meantime, Delta remains committed to seeking a consensual agreement with our pilots and is working hard to do so.

At the end of the day, they are really betting on the management team's ability to execute the business plan.

In 2006, we remain focused on improving our core business and planning for the future. Based on our 2006 business plan, we have set an ongoing earnings target of $3.15 to $3.35 per share. Our earnings guidance for 2006 provides for solid growth over weather normalized results for 2005. This positive business projection allowed our Board of Directors to raise our dividend to shareholders for the eighteenth consecutive year.

As we continue to execute our business restructuring program, Frank's deep knowledge of both our financial and product portfolio will be key.

I am pleased to report another year of record earnings. We have been challenged with a difficult interest rate environment over the last few years; however, we continue to produce shareholder value by remaining disciplined on executing our business plan. During this difficult operating environment, we focused intensely on preserving shareholder equity by not stretching for profits through strategies that are bets on interest rates, which later are unwound at a great cost of capital.

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Denna sidan visar ordspråk som liknar "The incremental liquidity provided by this letter of credit in freeing up a portion of the credit card reserve enables Delta to continue the necessary work of restructuring our company. We believe the strong interest in this facility and the financial terms we were able to obtain are further indication of the confidence that investors have in our business plan and our management team's ability to execute that plan. Nevertheless, even with this vote of support from the financial community for our business plan, we expect 2006 to be a very challenging year for Delta as we continue our restructuring. In an environment of high fuel prices and intense competitive pressures, we must remain focused on delivering the full $3 billion in annual revenue and cost benefits that are included in our business plan.".